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TSX Posts Gain In Return From Long Weekend

The Toronto Stock Exchange reopened after the Canada Day long weekend and gained 1.4 per cent, while New York markets were closed for the Independence Day holiday.

Toronto's S-and-P / T-S-X index gained 194 points, to 14,258.

New York markets were closed yesterday for holiday.

In Tokyo this morning, the Nikkei index fell 106 points, to 15,669.

Hong Kong's Hang Seng index fell 308 points, to 20,750.

And our dollar is trading overseas this morning at 77.73 cents U-S, down five-100ths of a cent from yesterday's close of 77.78.

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(World Markets)

Asian shares were mixed today amid a wait-and-see mood for more signs on the effects of Britain's future outside the European Union, and yesterday's U-S holiday kept trading volumes thin.

The Bank of England will be publishing its Financial Stability Report later today, and analysts say markets might be looking for more reassurances and clarifications over the central bank's position with regards to the U-K referendum.

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